(2nd LD) Naver Q2 net income up 41.6 pct as AI boosts core biz

Naver Corp., South Korea's largest online portal operator, reported a 41.6 percent increase in net income for the second quarter. The financial growth was driven by advancements and integration within its core business operations supported by artificial intelligence (AI).

The earnings announcement highlights the company's successful leveraging of AI technologies to bolster its primary commercial sectors. The results underscore the expanding role of artificial intelligence in driving profitability for major technology platforms in the region.